10% Cap Rate - CALIFORNIA- 16 doors - portfolio purchase

[Marie Murphy]

I have purchased, rehabbed, and stabilized a portfolio of properties in Sacramento.  The rents are solid.  Low maintenance and management required.  Mix of smaller apartment building and 2-3 unit properties.  GREAT opportunity for an investor looking for a turnkey buy and hold package.  $1.55m total for  16 door purchase.  (I am an agent (CalBRE #01412942) but this is an off market package of my own properties.)  I am selling in order to move up to do a larger deal.